NEW YORK, Jan. 6, 2026 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on a ground lease for the development of an Affordable Housing community in the Woodland Hills community of Los Angeles, California. The Low Income Tax Credit development, located in the Warner Center area, will provide 207 total units upon delivery in 2028. The project will be developed by Meta Housing, a leading Affordable Housing development firm based in Los Angeles. ...

Canada is considering changes to its ban on foreign home buyers starting in 2027, its housing minister said, as the government looks for ways to increase the supply of affordable places to live https://t.co/gtAwoQqKdl ...

Financial Data and Key Metrics Changes - The company reported a gross margin of 17%, which is a decrease from previous expectations, reflecting ongoing pressure on margins due to market conditions [8][16] - The average sales price for homes was approximately $386,000, with expectations for the first quarter of 2026 to be between $365,000 and $375,000 [16][36] - The company ended the quarter with $3.4 billion in cash and total liquidity of $6.5 billion, indicating a strong balance sheet [32][33] Business Line Data and Key Metrics Changes - The company started 18,443 homes, delivered 23,034 homes, and sold just over 20,000 homes, exceeding delivery goals but facing challenges in maintaining sales volume [15][16] - Sales incentives remained flat at 14%, contributing to a reduction in gross margin [16][29] - The company achieved a cycle time of 127 days for detached single-family homes, a reduction from 138 days a year ago [18][29] Market Data and Key Metrics Changes - The housing market remains challenging, with consumer confidence impacted by economic uncertainties and a government shutdown [10][11] - The supply of owned home sites decreased year-over-year to 0.1 years, while controlled home sites increased to 98% from 82% [30][33] - The company noted that inflation-driven affordability concerns are central to the national conversation, affecting consumer behavior [10][11] Company Strategy and Development Direction - The company is focused on maintaining volume and even-flow production while managing an affordable cost structure [9][10] - A shift towards an asset-lighter model has been completed, with less than 5% of land on the balance sheet, allowing for improved operational efficiency [17][20] - The company aims to leverage its strong market position to provide affordable housing when demand activates, driven by lower interest rates or government programs [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future market conditions, despite current challenges, and emphasized the importance of government action to enhance affordability [11][14] - The company is well-positioned for future growth, with a focus on cash flow and high returns on capital and equity [23][24] - Management acknowledged that while current numbers are not ideal, the company is strategically positioned to meet the ongoing housing shortage [22][23] Other Important Information - The company completed the Millrose transaction, resulting in a non-cash repurchase of 8 million shares [20][35] - The company plans to maintain a focus on technology solutions to drive future efficiencies and improve customer experience [17][77] Q&A Session Questions and Answers Question: What is contributing to the continued pressure on margin? - Management noted unexpected headwinds from the government shutdown impacting consumer confidence, which affected pricing stability [44][45] Question: Do you anticipate government actions to improve affordability? - Management believes that government action is likely, as affordability is a political issue that needs addressing [50][51] Question: How does the company envision recapturing margin as the market improves? - The company expects to leverage its efficiencies and lower incentive structures to improve margins as market conditions stabilize [58][60]

RT Mario Nawfal (@MarioNawfal)🚨 OPINION: POPULATION COLLAPSE ISN’T COMING, IT’S ALREADY HERE (AND NOBODY IS PAYING ATTENTION)Poland's fertility rate just crashed to 1.1 children per woman… among the lowest in Europe.We're not talking about a slight decline, we're watching entire nations disappear in slow motion.The math is brutal, as you need 2.1 children per woman to maintain a population.At 1.1, Poland loses two-thirds of its people in three generations, which is not a trend, it’s civilizational collapse. ...

Much of the workforce in the stunning Rocky Mountain ski paradise of Big Sky, Montana, can’t afford to live there https://t.co/917BS7p58F ...

New York City’s next mayor will need to spend $1 billion to help owners of affordable housing units avoid defaulting amid surging costs, according to the New York Housing Conference. https://t.co/Ze51e6aCsa ...

An empty firehouse in an affluent New Jersey town is at the center of a fight over affordable housing. Backlash to these mandates is playing out across the US https://t.co/TrcNNAgU40 ...

Core Insights - American home prices and the cost of living have significantly increased over the past five years, making homeownership challenging for many as 2026 approaches due to high mortgage rates and ongoing inflation [1] - Despite national price pressures, there are still affordable housing markets available, provided potential buyers have saved at least $50,000 [1][2] Affordable Housing Markets - GOBankingRates identified 10 affordable cities in the U.S. where home prices remain below average, making them appealing for first-time buyers and budget-conscious homeowners [3] - These cities offer a balance of low housing costs, livability, and long-term investment potential, which is crucial for buyers looking to maximize their financial resources in a competitive real estate market [3] Financial Requirements - For Grand Rapids, Michigan, the typical home value in 2025 is projected at $297,197, requiring savings of $59,439 for a 20% down payment, with an annual mortgage of $17,419 and a salary of $58,063 needed to afford it [7] - In Garland, Texas, the typical home value is estimated at $295,158, necessitating $59,032 for a 20% down payment, with an annual mortgage of $17,299 and a required salary of $57,664 [7] - Omaha, Nebraska's typical home value is expected to be $288,514, requiring $57,703 for a 20% down payment, with an annual mortgage of $16,910 and a salary of $56,366 needed [9]

Core Insights - U.S. homebuilder sentiment remains low due to labor market concerns and household financial issues, leading to increased price cuts among builders [1][3][6] Group 1: Homebuilder Sentiment - The National Association of Home Builders/Wells Fargo Housing Market index increased by one point to 38, remaining below the breakeven point of 50 for the 19th consecutive month [1] - Economists had predicted the index would remain unchanged at 37, indicating ongoing challenges in the housing market [1][2] Group 2: Mortgage Rates and Demand - A slight increase in the index may be linked to a temporary decrease in mortgage rates, but rates have since stabilized as the Federal Reserve shows reluctance to cut rates further [2] - Stagnation in the labor market is limiting potential homebuyers, contributing to elevated new housing inventory and hindering new project launches [2][3] Group 3: Builder Pricing Strategies - The percentage of builders reporting price cuts rose to 41%, the highest level since May 2020, with an average price reduction remaining at 6% [6] - 65% of builders are using incentives to close deals, indicating a competitive market environment [6][8] Group 4: Buyer Demographics and Market Conditions - The median age of first-time homebuyers has risen to 40 years, compared to the late 20s in the 1980s, reflecting changing market dynamics [5] - Current sales conditions increased slightly to 41, while future sales expectations fell to 51, indicating mixed sentiments among builders [5]

Core Points - WSFS Financial Corporation's charitable arm, WSFS CARES Foundation, is contributing a $150,000 grant to the Todmorden Foundation to enhance affordable housing in Wilmington, Delaware [1] - The Todmorden Foundation is a nonprofit organization focused on providing access to affordable rental housing and improving the quality of life for residents in Wilmington [1] - The foundation manages several hundred affordable rental properties in the area [1]